NOT LISTED FOR SALE

Estimated Value: $7,376,523 - $8,629,000

4 Beds
7 Baths
9,593 Sq Ft
$813/Sq Ft Est. Value

Sale Details

Date Sold: March 30, 2018

Last sale price $5,500,000 $573 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $46,811 / mo

Highlights

  • 3.44 Acre Lot
  • Vaulted Ceiling
  • 3 Fireplaces
  • Monterey High School Rated A
  • Radiant Floor
  • Beamed Ceilings

About This Home

As of March 2018

Sited on one of the finest ocean view, knoll top parcels in Monterra, this 3.44-acre promontory captures spectacular white-water panoramas from Cannery Row to Santa Cruz. Contemporary masterpiece is a visionary collaboration of owners and architect Charlie Rose, creating a brilliant design in perfect harmony with the natural setting. A true legacy estate with Main House, Guest House and Green House. Entering the main house through the covered Porto-o-Crochere is a dramatic Tuscan inspired courtyard can be viewed from interior spaces with walls of glass also framing ocean views. Unique architectural elements include wood clad ceilings with coved lighting and custom chevron patterned skylights. Mainly one level home includes Master w/fitness room and a library. Other features include state-of-the-art theater, family room a garage all accessed by elevator. Golf and Country Club Membership available.

Last Agent to Sell the Property

Art Sharif

Sotheby's Intl Rlty License #01481940 Listed on: 02/01/2018

Sotheby's Intl Rlty

Co-Listed By

Mike Jashinski

Sotheby’s International Realty License #01419985

Sotheby’s International Realty

Last Buyer's Agent

Mike Jashinski

Sotheby’s International Realty License #01419985

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 3.44

Parking

  • 4 Car Attached Garage
  • 2 Carport Spaces

Home Design

  • Shingle Roof
  • Slate Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 9,593 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Entertainment System
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • 3 Fireplaces
  • Gas Log Fireplace
  • Bay Window
  • Separate Family Room
  • Formal Dining Room
  • Laundry in Utility Room

Kitchen

  • Gas Cooktop
  • Kitchen Island

Flooring

  • Wood
  • Radiant Floor
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Home Security

  • Security Gate
  • Monitored

Additional Features

  • 3.44 Acre Lot
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 259-101-110-000

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance - common area, insurance - liability, maintenance - common area, maintenance - road, recreation facility
  • Monterra Ranch HOA

Security

  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

3.44 Acres

Parking

4

Listing Details

  • Subclass: Single Family Home
  • Restrictions: Pets - Cats Permitted, Pets - Dogs Permitted
  • Listing Class: Residential
  • Structure Sq Ft: 9593
  • Year Built: 2006
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Log
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Island with Sink
  • Living Sq Ft: 9593
  • Stories: 2
  • Security: Controlled / Secured Access, Security Alarm, Video / Audio System
  • Laundry: In Utility Room
  • Flooring: Stone, Wood
  • Fireplaces Min: 3
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Shingle, Slate

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 10
  • Garage Parking Features: Attached Garage
  • Carport Min: 2

Utilities

  • Heating System: Forced Air, Radiant Floors
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Bay Window, High Ceiling, Open Beam Ceiling, Security Gate, Skylight, Vaulted Ceiling, Video / Audio System, Walk-in Closet, Wet Bar

Condo/Co-op/Association

  • HOA Fees: 376
  • Association Fees Include: Insurance - Common Area, Insurance - Liability, Maintenance - Common Area, Maintenance - Road, Recreation Facility
  • H O A Name Text: Monterra Ranch HOA
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 259-101-110-000
  • Lot Acres: 3.4400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 149846.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 149846.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Mar 27, 2018
Sold by
Siddall Graham J and Siddall Brenda J
Bought by
Heinrich Rodney P and Heinrich Dana R
Seller's Agent
Art Sharif
Sotheby's Intl Rlty
Buyer's Agent
Mike Jashinski
Sotheby’s International Realty
List Price
$5,950,000
Sold Price
$5,500,000
Premium/Discount to List
-$450,000
-7.56%
Current Estimated Value
$7,796,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,296,508
Avg. Annual Appreciation
4.40%
Original Mortgage
$3,850,000
Outstanding Balance
$3,296,187
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,500,321

Purchase Details

Closed on
Mar 1, 2002
Sold by
Monterra Ranch Properties Llc
Bought by
Siddall Graham J and Siddall Brenda J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Heinrich Rodney P $5,500,000 Chicago Title Co
Siddall Graham J $1,700,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heinrich Rodney P $3,850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2018 03/30/18 Sold $5,500,000 -7.6% $573 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $5,950,000 -- $620 / Sq Ft
Source: MLSListings

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $65,698 $6,258,056 $1,251,610 $5,006,446
2024 $65,698 $6,135,350 $1,227,069 $4,908,281
2023 $65,032 $6,015,050 $1,203,009 $4,812,041
2022 $64,134 $5,897,109 $1,179,421 $4,717,688
2021 $63,197 $5,781,481 $1,156,296 $4,625,185
2020 $60,786 $5,722,200 $1,144,440 $4,577,760
2019 $63,854 $5,610,000 $1,122,000 $4,488,000
2018 $61,262 $5,500,000 $2,806,000 $2,694,000
2017 $44,655 $4,247,000 $2,167,000 $2,080,000
2016 $44,583 $4,233,000 $2,160,000 $2,073,000
2015 $43,022 $4,082,000 $2,083,000 $1,999,000
2014 $42,130 $4,674,000 $2,385,000 $2,289,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81690840

MLSListings

APN: 259-101-110-000

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